on 26-09-2015 11:12 PM
Paypal is withholding money from my account for no valid reason (I emailed them and their bot reply was that it was for my "protection", which just **bleep** me off more).
So I've lodged a complaint with the FOS.... does anyone know how long the FOS takes to action, and then resolve, a complaint?
Fanks
on 26-09-2015 11:22 PM
What is the hold for, did you start a new account? Is there a claim against you? There must be a reason
on 27-09-2015 05:49 AM
on 17-10-2015 10:39 PM
Update to this!
This was originally due to funds being held because an Item Not Received case was opened against me.
Paypal replied to the FOS complaint (not me directly) saying it was Ebays fault ("they made me do it!"), and stating I would need to get in touch with Ebay for them to release funds. The FOS hasnt replied to this or me yet - they are not due to get involved until Monday (they give Paypal time to reply, which is up tp 2 weeks after complaint).
However, I also reported EBay to the ACCC. I emailed EBay the receipt number and details of the complaint.
Ebay replied same day, with quite a long email, NOT mentioning their policies or anything like that, but with this -
"... kindly be informed that I have already forwarded your concern to our higher department as they'll be the one to release the hold of your funds and should be back in your account within 1-2 hours. Expect that you will receive an automatic email from PayPal to notify you that funds have been received. "
I checked, and within ONE HOUR of their reply, the funds were back in my account.
I cant see how any company who is, not only NOT a financial intiution, but also does not have any evidence or indication of possible fraud, can withhold money in this way... sooo... I will persist with the ACCC and FOS, and see what they actually say about it.
on 18-10-2015 12:24 AM